Eric Trump has stated he is not part of the effort to bring the Tron
In a June 16 post on X, he said, “I’m the biggest fan of Tron and love Justin Sun. He is a great friend and an icon in the crypto industry”.
Still, he made it clear that he does not have an official role in the project. “I don’t have public involvement”, he added.
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Justin Sun plans to take Tron public by merging with SRM Entertainment, a Florida company that produces merchandise for theme parks. This method, known as a reverse merger, would allow Tron to begin trading publicly without going through a traditional initial public offering.
SRM announced on June 16 that Sun will join as an advisor and that it had received a $100 million equity investment from a private source. As part of the plan, SRM will also change its name to “Tron” and start collecting TRX tokens to support a new crypto-focused treasury strategy.
To raise additional funds, Dominari Securities will lead a $210 million stock offering. The firm is a subsidiary of Dominari Holdings, which is based in Trump Tower, one floor below the offices of the Trump Organization.
Meanwhile, Donald Trump Jr. recently denied that Truth Social has plans to launch a meme coin. What did he say? Read the full story.
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